
Bitcoins are in the news, between the shut down of Silk Road,a plummet in exchange rates, and a new site that is live-streaming.
It’s been a significant week for Bitcoins in the news; a triple whammy, actually.
First, there was the arrest by the FBI of Silk path’s founder known online only by their handle ‘Dread Pirate Roberts’, but evidently known to the feds a little more intimately as Ross William Ulbricht- and the seizure and turn off of the Silk Road site itself. Silk path was an exclusively Bitcoin gambling site, well-known to numerous as an available market for illegal drugs and much more; the site’s just under a million registered users were usually cash launderers, based on the arrest warrant.
‘Based on my training and experience, Silk Road has emerged as the most sophisticated and extensive criminal marketplace on the world wide web today,’ FBI Special Agent Christopher Tarbell noted into the complaint. Tarbell added that within the past 2 1/2 years, Silk path generated some $1.3 billion worth of comparable Bitcoin trades and netted $85 million in commissions for itself, usually for things as macabre as employing hitmen, searching for computer hackers or buying illegal tools.
Major Rate Volatility Ensues
Meanwhile merely a few days after the shut down of the web site by the feds and the arrest of Ulbricht Bitcoins by themselves went through some Cat-5 volatility, once the rates for the currency that is digit 继续阅读“Silk Path Founder Arrested While Bitcoins Plummet”